The Ooni of Ife, His Imperial Majesty Ooni Adeyeye Enitan Ogunwusi(Ojaja II) on Tuesday 12th July 2016 signed a Memorandum of Understanding(MoU) with a US based company SpringPort Technological Group to build a Technology, Media City and Agriculture Incubation Hub in the town.
The signing took place at his Ile Oodua Palace, Ile-Ife.
This huge investment comes barely two weeks to the return of the Ooni from the USA where he had earlier visited to seek involvement of Africans in Diaspora in his peace and unity agenda and solicit their support for the continent on developmental projects in agriculture, tourism, infrastructure and youth development.
With the MoU, the technological hub worth $1.4bn in its first phase, is expected to facilitate massive employment of youths in Ile-Ife. After the MoU was signed, the start-up phase for master plan was to begin with investors in London and Asia.
Subsequently, the MoU would be presented to Elliot Jones representing Maya Angelo Foundation, Jason Harrison ofTredic Corporation UK and some other American/Asian investors.
Which kind of traditional ruler is this?
In all my life I have seen no one like him
Progressive and forward thinking
Please aunty moji, is it allowed for traditional rulers to run for office
Because he should be the governor of that state alongside his traditional office
….Pascal says so….
And people were busy bashing him for roaming every where, now we can see the results of it all, and the people of ife would be the beneficiaries. Keep up the good work HRH.
Manny the long lost MDB’er
That is a very sweeping comment. Not exactly sure how you know how much he is worth when you state you hardly know him. Billionaire or not, one hopes the state government is aware and in agreement of all the consequences of the MOU. Is that a private business or on behalf of his state just curious considering the environment called Nigeria.